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409 Mugo Way

Newark, DE 19702

3 bd 3 ba 2,250 sqft Built 2022 Lot 2,614 sqft townhomes
Most recent sale
$342,990
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $342,990 Public Record
Jun 30, 2022 Listed $429,990 MLS #18913
Jan 12, 2022 Sold $562,000 Public Record
Oct 18, 2019 Sold $2,280,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $382,200 $70,200 $452,400 $3,595
2023 $72,800 $8,900 $81,700 $3,510
2022 $4,400 $4,400 $187
2021 $4,400 $4,400 $178
2020 $4,400 $4,400 $173

Property facts

Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,250 sqft
Lot size
2,614 sqft
ZIP code
19702
City
Newark
Street
Mugo Way
Coordinates
39.59362, -75.77297

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,375
Gross rental yield
11.81%
Implied cap rate
7.68%
Trend-extrapolated value

Frequently asked questions

When did 409 Mugo Way last sell?
409 Mugo Way most recently sold on Aug 19, 2022 for $342,990.
What is the current tax assessment for 409 Mugo Way?
The most recent total assessment for 409 Mugo Way (year 2024) is $452,400 with $3,595 in property tax.
How does 409 Mugo Way's assessment compare to its last sale price?
The current assessment is 31.9% above the last sale price of $342,990.
When was 409 Mugo Way built?
409 Mugo Way was built in 2022.
How does 409 Mugo Way compare to others on Mugo Way?
We track 5 other properties on Mugo Way. Browse the list under "Other properties on Mugo Way" to compare beds, baths, and sale history.
What are the property facts for 409 Mugo Way?
409 Mugo Way is a 3 bed, 3 bath, 2,250 sqft, 2,614 sqft lot townhomes.
Is 409 Mugo Way a flip candidate?
No — 409 Mugo Way does not appear in our flips dataset.
Is 409 Mugo Way a tax-appeal candidate?
No — 409 Mugo Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$403.2K
2026 Q4
$411.9K
ZIP 19702 — Median Price History + Forecast

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